Roger & Linda Jean Paschal ....... Home Solutions

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• Lenders Cut Back on Risky Loans

  Over the past couple of weeks, many of the lenders who work with sub prime or riskier loan products like, 80/20 piggy-back products, interest-only, negative amortization loans, no income or asset verification loan products are under increasing pressure Read More... Posted Saturday, March 24, 2007 9:41 PM by Roger Paschal | 2 Comments Filed under: Real Estate, For Sale, Technology, Industry, Announcements, Real Estate Attorney's, REIF, Financial Planners, Real Estate Investors Forum, Mortgage Professionals, mortgage, ARM, Freddie Mac, Loan, home sales

• Tough but potentially positive market for mortgage industry

  It's tough to survive in today's mortgage lending industry. Many originators, particularly those that have been specializing in the subprime niche of the market, are folding their tents and silently leaving the business. But there's a bright Read More... Posted Friday, March 16, 2007 9:30 PM by Roger Paschal | 0 Comments Filed under: Real Estate, Industry, Announcements, Home Building, Future Homes, Real Estate Attorney's, Financial Planners, Regular and Hard Money, Mortgage Professionals, mortgage, ARM, Freddie Mac, Loan, home sales

• Mortgage applications increasing

  Despite a generally sluggish market, mortgage applications are rising, according to a report from the Mortgage Bankers Association. At the end of February, applications were up 8.8 percent over the same week a year ago. Applications for mortgages to finance Read More... Posted Tuesday, March 13, 2007 9:27 PM by Roger Paschal | 0 Comments Filed under: Real Estate, mortgage, ARM

• New policies re mortgages announced

  On February 27, 2007 Freddie Mac (one of the nation's leading government-sponsored buyers of existing home mortgages) announced it will cease buying subprime mortgages that have a high likelihood of excessive payment shock and possible foreclosure. Read More... Posted Monday, March 12, 2007 9:24 PM by Roger Paschal | (Comments Off) Filed under: mortgage, ARM, Freddie Mac, Loan